Do you see your travel budget increasing, decreasing, or remaining flat for 2024?
![](https://static.wixstatic.com/media/286bc8_ac4023f9f34c4f21b7fd18085b8dcd7f~mv2.png/v1/fill/w_80,h_34,al_c,q_85,usm_0.66_1.00_0.01,blur_2,enc_auto/286bc8_ac4023f9f34c4f21b7fd18085b8dcd7f~mv2.png)
Do you see rates for Air, Car, and Hotel prices increasing, decreasing, or remaining flat for 2024?
![](https://static.wixstatic.com/media/286bc8_64bd776fad5643baa397e2a0ec559524~mv2.png/v1/fill/w_74,h_38,al_c,q_85,usm_0.66_1.00_0.01,blur_2,enc_auto/286bc8_64bd776fad5643baa397e2a0ec559524~mv2.png)
What You Need to Know
With 52% reporting travel budgets remaining flat AND 89% reporting expected price increases, buyers anticipate managing 2024 travel in a few potential ways.
Demand management to reduce the number of trips - that will lower budgets even at higher individual trip prices (less trips less expense).
Suppliers replaced - Tier down for hotels, or moving from higher priced suppliers, either with formal agreement changes with key suppliers, or "quiet" quitting of higher priced suppliers
Policy changes - tighten controls to drive costs down